Industrial Auction News 544

Large Auction of Snows Timber Ltd

Hilco Industrial Auctioneers are to host a large auction of assets from Snows Timber Ltd, based in the UK.

Due to administration an excellent quality and range of Saw Mill Equipment will be sold on January 8th, including Tool Room, Commercial Vehicles and large volumes of timber.

Since its founding in 2000, Hilco has sold over $5 billion in assets in over 53 countries on behalf of clients in dozens of industries.

Snows Timber have been supplying Merchants and Manufacturers of Timber and related products for the past 200 years, with their range now including CLS, Carcassing, PSE, Decking, Cladding, Flooring and many more timber products. It was announced in November 2019 that the company would be entering administration.

Key assets for sale in the auction include: Stenner VHET 120 Resaw, Weinig Hydromat 23 Moulder, Weinig Hydromat 2000 Moulder, Leadermac Hypermac 923 Moulder, Stromab TR500 Cross Cut Saw, Weinig Opticontrol Measuring and Display System Machine, Automated Handling Systems, Banding Machines and Ancillary Equipment. A large volume of timber stock across both sites is also for sale.

Assets can be viewed on Monday 6 and Tuesday 7 January 2020, 9:00am – 3:00pm GMT

Read More: